LONDON – Britain is expected to get an occasional shipment of liquefied herbarium fuel (LNG) from Australia and Oman later this month, as European countries are arriving at enough materials before winter.
European nations will diversify their energy materials following the Russian invasion of Ukraine and a sharp decline in Russian fuel flows to the continent.
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The LNG carrier Attalos, with a capacity of 174,000 cubic meters, is expected to arrive at the British terminal at Isle of Grain on August 22, according to knowledge and research firm Kpler.
“The Patris (LNG carrier) was the original shipment loaded at the North West Shelf liquefaction plant in Australia. It has finished a shipment-to-shipment move with the Attalos in Malaysian waters, and the Attalos is now heading to the UK,” he said. Laura Page, Senior LNG Analyst at Kpler.
Australian cargoes are scarce in Europe due to the huge burden of distance and superior demand from Asian buyers.
In addition to Australian cargo, Attalos recovered the rest of the volumes from a ship-to-ship move in Linggi, Malaysia, from the tanker BW Lesmes loaded with Omani cargo, said Olumide Ajayi, senior LNG analyst at Refinitiv.
It is not transparent how much volume he earned from each tanker. An average LNG shipment is 70,000 tons.
“Both destinations are very rare, Australian shipments to the UK were last noticed about six years ago, while this is the first time the UK has won an Omani cargo,” he added.
Britain is home to 3 of Europe’s largest LNG terminals, two at Milford Haven and on Grain Island, where super-cooled fuel is converted back into gas, and some volumes are transferred via pipelines to continental Europe.
European LNG imports from January to July reached a record high of more than one hundred billion cubic meters (bcm), or 75 million tonnes, almost reaching the point of the 2021 total. Most of those exports came from the United States.
In the first part of this year, the United States exported about 57 billion m3 of fuel in the form of LNG, of which 39 billion m3, or 68%, went to Europe, up to 34 billion m3, or 35%, of LNG exports. sent to Europe for the total country. 2021, according to Refinitiv data. (Reporting via Marwa Rashad; Editing via Mark Potter)
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